VIASAT INC SEC Filings

VIASAT INC director John P. Stenbit reported an option exercise and share sale in the company’s common stock. He exercised stock options covering 1,250 shares at an exercise price of $37.43 per share, acquiring the same number of common shares, and sold 616 shares at $75.46 per share on August 3, 2026. These transactions were carried out pursuant to a Rule 10b5-1 trading plan adopted on February 10, 2026. An indirect holding of 30,319 common shares is reported as held by a trust following the reported transactions.

Viasat reported Q1 FY2027 revenue of $1,156.5 million, down 1% year over year, and a net loss attributable to common stockholders of $51.7 million, improving from a $56.4 million loss a year ago. Adjusted EBITDA was $381.1 million, a 7% YoY decline. New contract awards reached $1.3 billion, up 10% YoY, and total backlog grew 19% to $4,217.7 million. The company generated $72 million in free cash flow excluding non-recurring items and ended the quarter with $2.9 billion in liquidity, net debt of $4.8 billion, and a net leverage ratio of 3.2x, 0.4x lower than the prior-year period.

The Communication Services segment delivered revenue of $825.1 million, flat YoY, with strength in aviation and government satcom offset by expected declines in fixed services and maritime; segment Adjusted EBITDA was $311.3 million, down 3% YoY. Defense and Advanced Technologies revenue was $331.5 million, down 4% YoY, while segment Adjusted EBITDA fell 20% to $69.9 million, but awards rose 22% to $523.9 million and segment backlog increased 32% to $1.4 billion, supported by wins such as the next phase of the U.S. Space Force PTS-G program.

Operationally, Viasat completed all deployments and bus in-orbit testing on ViaSat-3 F2 and expects service entry by September 2026, and it completed reflector deployments on ViaSat-3 F3, targeting service over APAC in late August or early September 2026. For FY2027, the company continues to expect mid-single-digit revenue growth, Adjusted EBITDA flat to up slightly YoY, Communication Services revenue growth in the low single digits, Defense and Advanced Technologies revenue growth in the mid-teens, free cash flow of about $180 million, capital expenditures of $950 million–$1.0 billion, and a modestly lower net leverage ratio.

ViaSat, Inc. insider Theresa Wise filed to sell common stock under a proposed transaction handled through Morgan Stanley Smith Barney LLC Executive Financial Services. The notice covers 2,500 shares of ViaSat common stock, associated with a stock option exercise for cash scheduled for 08/04/2026. The securities are listed on NASDAQ. The filing also notes a prior sale of 2,500 shares of common stock on 06/08/2026 for $172,500.00.

Viasat, Inc. insider Benjamin Edward Palmer filed a notice of proposed sale of 2,400 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, to be sold on or after 08/03/2026 on NASDAQ. The shares were acquired as restricted stock from the issuer on 05/31/2024. Palmer also reports prior sales over the past three months totaling 26,208 shares for aggregate consideration of $1,970,?52.69, including transactions on 06/01/2026, 06/02/2026, and 07/01/2026.

ViaSat, Inc. insider John Stenbit filed a notice of proposed sale of 616 shares of common stock through Morgan Stanley Smith Barney LLC’s Executive Financial Services on August 3, 2026, to be delivered via stock option exercise for cash on NASDAQ.

The filing also lists prior sales over the past three months: 528 common shares on July 1, 2026 for $46,881.12, and 653 common shares on June 3, 2026 for $46,846.22.

Viasat, Inc. is asking stockholders to vote at its 2026 virtual annual meeting on September 3, 2026 on the election of three Class III directors, ratification of PricewaterhouseCoopers LLP as independent auditor for fiscal 2027, and an advisory say‑on‑pay resolution on executive compensation.

Stockholders of record on July 15, 2026, when 137,755,490 common shares were outstanding, are entitled to one vote per share; a quorum requires approximately 68,877,746 shares. The board is majority independent, includes a Lead Independent Director, and operates through Audit, Compensation and Human Resources, Nomination, Evaluation and Corporate Governance, and Banking and Finance Committees, plus a Strategic Review Committee.

Executive pay is heavily incentive‑based: in fiscal 2026, incentive compensation represented about 91% of the CEO’s total direct pay, with annual bonuses driven 70% by corporate metrics (Adjusted EBITDA 1,550.0 million, new contract awards 4,932.0 million, revenues 4,640.0 million) and 30% by individual goals. Viasat highlights engagement with holders of around 57% of its stock, stock ownership guidelines, a clawback and anti‑hedging policies, and total PwC fees of $8,217,944 in fiscal 2026.

Viasat Inc senior vice president and chief financial officer Garrett L. Chase reported sales totaling 4,000 shares of $.0001 par value common stock on July 20, 2026, in four transactions at weighted average prices of $70.5505, $72.2520 and $73.0342, plus one sale at $73.68 per share. These trades were made pursuant to a Rule 10b5-1 Plan adopted on February 25, 2026, with underlying trade prices ranging from $70.00 to $73.55. An indirect holding of 898 shares is reported through a Viasat 401(k) plan, including 241 shares acquired since his prior ownership report.

ViaSat Inc. (VSAT) has a notice from insider Garrett Chase covering potential sales of company common stock under a Form 144. The filing lists 4,000 shares of common stock held through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, New York, with a stated aggregate market value of $288,935.60 and an associated CUSIP of 136568953, for possible sale on or after July 20, 2026 on NASDAQ.

The shares relate to restricted stock acquired from the issuer on February 17, 2026. The filing also reports sales during the past three months: 4,000 shares of common stock sold on June 3, 2026 for $290,005.60 and another 4,000 shares sold on June 22, 2026 for $249,646.40.